Iota announces the decentralized layer-one smartcontract network Assembly. The ASMB token is also available. It’s a bid for faster smart contract expansion across many industries, such as decentralized finance (DeFi), nonfungible tokens, (NFTs) and more.

Assembly uses the Iota’s current architecture, most notably directed acyclic graph structures, to act as an interoperable and self-sovereign link that enjoys robust security and scalability.